NOT LISTED FOR SALE

Estimated Value: $688,030 - $763,000

2 Beds
1 Bath
1,050 Sq Ft
$942/mo HOA Fee

Last Sold August 10, 2021

Last sale price $700,000 $667 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,526/month

246 Days on Market

Highlights

  • Balcony
  • Garage
  • Laundry Facilities
  • P.S. 120 - Queens Rated A-

About This Home

As of August 2021

***SPRING SPONSOR SALE*** Contract by June 21st and the sponsor will cover transfer taxes and sponsor attorney fee. Plus, close by August 15th to receive a 6-month common charge credit.

Welcome to one of Flushing's Newest Condo Conversions! This modern, gut-renovated two bedroom, one bath apartment features new oak hardwood floors, a spacious living room with an abundant amount of natural light, a dining area, kitchen with Quartz counter tops, glass-tiled back splash and stainless-steel appliances which include a microwave, stove, dishwasher and refrigerator. This home also has a sparkling new bathroom, recessed lighting, California-style closets and completely rewired electrics.

To view a 3-D walk-thru of the unit, click the VIDEO or VIRTUAL TOUR link above or go to: https://bit.ly/375bRHf

The Summit at Infinity 8 is a brand new condo conversion that combines the best of Manhattan luxury with the aesthetics that make Flushing home. This building will have renovations including; Package Concierge System, refreshed lobby and hallways, modernized elevator, storage lockers (available for purchase) and parking (available for a monthly fee). Additional amenities include a laundry room and on-site super. 132-40 Sanford Avenue is in Downtown Flushing and has easy access to transportation and is close to Flushing Meadows Park.

The complete terms are in an offering plan available from the Sponsor, File # CD-18-0122 Sponsor: 132-40 Sanford LLC.1 Penn Plaza, Suite 4000 NY, NY 10019.

Last Agent to Sell the Property

William Tabler

Keller Williams NYC License #10301217811 Listed on: 10/14/2020

Keller Williams NYC

Co-Listed By

Sandy Edry

Keller Williams NYC License #40ED1106049

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,088

Year Built

  • 1962

Lot Details

  • 0.5

HOA Fees

  • $942 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 1,050 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Balcony
  • Window Unit Cooling System

Listing and Financial Details

  • Tax Block 5101

Community Details

Overview

  • Flushing Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,088

Year Built

1962

Lot Details

0

HOA Fees

$942 per month

Listing Details

  • Cross Street: College Point Boulevard and Frame Place
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Flushing
  • Entry Level: 6
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built (Public Record): 1962

Interior Features

  • Living Area: 1050.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 942.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No

Tax Info

  • Tax Block: 5101
  • Tax Annual: 5088.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
Aug 4, 2021
Sold by
132-40 Sanford Llc
Bought by
Cheng Vincent
Seller's Agent
William Tabler
Keller Williams NYC
List Price
$700,000
Sold Price
$700,000
Total Days on Market
246
Current Estimated Value
$730,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,258
Avg. Annual Appreciation
-0.08%
Original Mortgage
$607,500
Outstanding Balance
$560,681
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$137,149
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cheng Vincent $675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Vincent $607,500
Previous Owner Israel Discount Bank Of New York $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2021 08/10/21 Sold $700,000 0.0% $667 / Sq Ft
10/14/2020 10/14/20 For Sale $700,000 -- $667 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,000 $47,994 $4,909 $43,085
2023 $5,915 $47,313 $4,909 $42,404
2022 $5,589 $48,442 $4,909 $43,533
2021 $5,331 $45,992 $4,909 $41,083
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10675511

Real Estate Board of New York (REBNY)

APN: 05101-1490